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Viola Corporation, a merchandising company, reported the following results for September: Sales Cost of goods sold ( all variable ) Total variable selling expense Total
Viola Corporation, a merchandising company, reported the following results for September:
Sales
Cost of goods sold all variable
Total variable selling expense
Total fixed selling expense
Total variable administrative expense
Total fixed administrative expense
Required:
Compute gross margin, and contribution margin for September. Under what circumstances those
two, gross margin and contribution margin, would be same?
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